Has the introduction of a common currency(Euro) LED to the convergence of EU countries?
Metadades
Mostra el registre complet de l'elementcomunitat-uji-handle:10234/158176
comunitat-uji-handle2:10234/71324
comunitat-uji-handle3:10234/111700
comunitat-uji-handle4:
TFG-TFMMetadades
Títol
Has the introduction of a common currency(Euro) LED to the convergence of EU countries?Autoria
Tutor/Supervisor; Universitat.Departament
Feriozzi, Fabio; Universitat Jaume I. Departament d'EconomiaData de publicació
2022-12-02Editor
Universitat Jaume IResum
Has the introduction of a common currency (EURO) led to the
convergence of EU countries? A review in the EU context. In this paper I try to answer
this question by analysing different papers provided by the literature, ... [+]
Has the introduction of a common currency (EURO) led to the
convergence of EU countries? A review in the EU context. In this paper I try to answer
this question by analysing different papers provided by the literature, focusing on the
Total Factor Productivity (TFP) as an important component explaining differences per
capita income across countries and the local allocation of production factors. Relying
on the theories of Optimum Currency Areas (OCA), I conclude that the introduction of a
common currency in the EU context has not led to convergence of EU countries over
time and that differences between rich and poor EU countries remain. But I observe
some convergence “clubs” that have economic, historical and trade links before the
introduction of a common currency. In this sense, I ask whether fiscal union could be
an element of economic convergence in the European Monetary Union (EMU), and
largely in EU context. [-]
Paraules clau / Matèries
Descripció
Treball Final de Grau en Economia. Codi: EC1049. Curs acadèmic: 2021/2022
Tipus de document
info:eu-repo/semantics/bachelorThesisDrets d'accés
info:eu-repo/semantics/openAccess
Apareix a les col.leccions
- Grau en Economia [289]